Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Financial Services Asset Management

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.

TSX:DF - Post by User

Dividend 15 Split Corp II

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Comment by amugsgameon Aug 17, 2018 2:20pm

64 Views

Post# 28479251

RE:RE:RE:Does today's gain count?

Hmmm... Last few months DF has been pretty quick to release the mid month NAV (when divs to the A's were being payed)... If mouserman is correct( and he has a great track record) then there would seem to be no A div this month... the markets are reacting like there will be so maybe a fallout on Monday... I'd look for a NAV update after the market closes today with the hope of the weekend softening the news

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